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LiferSteve posted an update 2 months ago
At OP, we love celebrating stacking gains in a variety of ways, and one of the most exciting is our OP Lotto. Since 2016, we’ve been buying lotto tickets for OP members every week—so you don’t have to risk your own money but still have the chance to wake up with an extra hundred thousand or even millions of dollars, just for being part of the…
Steve posted an update 2 months ago
OP Wire: Key Fed Inflation Gauge Lower Than Expected — Market Implications
The personal consumption expenditures (PCE) price index, the Federal Reserve’s preferred measure of inflation, came in at 2.2% year-over-year for August, lower than the expected 2.3%, according to Dow Jones consensus estimates. On a monthly basis, the index increased just…
Steve posted an update 2 months ago
OP Wire: Markets Defy Expectations — A Familiar Story
As always, the markets continue to behave in a counterintuitive manner. Despite the Fed’s recent rate cut, yields are moving higher — nothing we haven’t seen before. This time, however, the setup is even more intriguing. Extreme crowded positioning in defensives, coupled with low…
Steve posted an update 2 months ago
Tomorrow, we’ll be keeping a close eye on two key factors: the release of the Personal Consumption Expenditures (PCE) report and the market reaction to Costco’s earnings. The PCE data is critical, as it could signal inflation trends that directly impact the Fed’s policy and market movements.
Meanwhile, Costco’s earnings offered insights into…
jaycardona, David Fanelli and Steve2 CommentsThx Steve
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